Singapore

Grab reports higher revenue, lower operating loss in first quarter

Singapore-based superapp Grab has reported higher revenue and lower operating loss in the first quarter amid improvement of all segments.

Audax Financial Technology partners Paymentology to provide end to end cards-as-a-service solution

Paymentology, a next-gen global issuer-processor, has on Wednesday announced a strategic partnership with audax Financial Technology (audax), a Singapore-based digital banking technology solutions provider backed by Standard Chartered Ventures, to provide end to end cards-as-a-service (CaaS) solution.

Singapore’s SQREEM acquires TotallyAwesome to boost youth marketing

Singapore-headquartered SQREEM Technologies, an artificial intelligence (AI) and digital behavior aggregator, has announced its definitive acquisition of Singapore’s TotallyAwesome, the contextual digital advertising platform specializing in youth marketing in the Asia-Pacific region.

Singapore’s Allozymes raises $15M in Series A funding led by Seventure Partners, Xora Innovation

Allozymes, a Singapore-based innovator in enzyme discovery and engineering, has on Monday announced the closing of a $15 million Series A funding round led by Seventure Partners of France and Xora Innovation of Singapore.

Sea’s revenue up 22.8 percent year on year in first quarter

Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.

Chinese AI firm iFLYTEK establishes regional HQ in Singapore to boost growth in Southeast Asia

Chinese artificial intelligence (AI) firm iFLYTEK said Tuesday it will establish regional headquarter (HQ) in Singapore to boost growth in Southeast Asia (SEA).

Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers

Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for Taobao shoppers in Singapore.

Linnovate Partners raises $40M in funding led by SeaTown

Linnovate Partners, a Singaporean firm involved in asset servicing and fintech for the alternative investment industry, has announced the successful closure of $40 million funding commitment by SeaTown Private Capital Master Fund.

Singapore’s NSG BioLabs raises $14.5M in financing round led by Celadon Partners

NSG BioLabs, Singapore's largest provider of biotech co-working laboratory and office space, has successfully concluded a $14.5 million financing round. The round was led by Celadon Partners, an Asian private equity firm.

Alipay+ partners Nepal Clearing House Ltd to enable merchants in Nepal to accept cross-border mobile payments from travellers

In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.